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Gold One shrugs off ASX ‘speeding ticket’

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Shares in Gold One International have continued their recent rally, following a query by the ASX into possible corporate activity at the junior mining company.

Randgold keeps going in Cote d’Ivoire

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Randgold Resources' Tongon gold mine continues to operate at near normal levels despite the deteriorating political situation in Ivory Coast, says CEO Mark Bristow.

Vale director Tito Martins to be new CEO

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Vale director Tito Botelho Martins will be named the company's new chief executive, reports a local newspaper.

RBCT shelves expansion plans

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Richards Bay Coal Terminal has shelved plans to increase export capacity until 2015 due to the slow pace of rail infrastructure expansion, according to Business Report.

Shabangu considers new coal allocations

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Final word on which BEE coal company will get what allocation in terms of the revised Quattro coal export scheme is now awaited from Minister of Mineral Resources Susan Shabangu.

CSN won’t sell Riversdale stake, says CFO

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CSN has no immediate plans to sell its stake in Australia's Riversdale Mining on which it is relying as a source of coal, says CFO Paulo Penido Marques.

Central Rand Gold to shut down

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Central Rand Gold is to halt underground mining operations but will reassess its prospects by the end of October.

Harmony cut costs at Hidden Valley

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Harmony Gold says it has cut costs at the Hidden Valley mine in Papua New Guinea, though it also experienced unscheduled "mechanical downtime" on an ore conveyer.

First Uranium ‘to pay’ Simmers debt

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The settlement of Simmers’ R155m Absa notes may be one of the first new purposes envisaged by Bernard Swanepoel for the gold junior’s 25% stake in First Uranium.

Marcus appeals to nationalisation backers

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Those proposing nationalisation should leave ideology out of it and need to judge how efficient state-controlled companies are, says SA Reserve Bank governor Gill Marcus.